📈 SOLANA ($SOL ) | By God's grace, the analysis came before the price movement! 🎯
In my previous post, I identified resistance at $105.69 and outlined a clear scenario: a breakout above this level, accompanied by an increase in trading volume, could confirm buyers' strength and pave the way for a new rise.
✅ And that's exactly what happened, by God's grace! The price broke through the resistance I had identified and then continued to rise, practically confirming the success of my technical analysis of this scenario.
📊 What's next?
The broken resistance has become potential support, right at the red line, where stop-loss orders may be placed or nearby.
🔹 Scenario one: A temporary break below support to sweep liquidity, followed by a rebound and continued rise if buyers return with strength.
🔹 Scenario two: Holding above support and continuing to rise immediately.
Thank God for the success. The idea was not to chase the price after it had risen, but to identify resistance in advance and wait for the breakout.
👀 We'll keep monitoring. The market offers no guarantees, and God knows best.
⚠️ This is a probabilistic technical analysis, not an investment recommendation.
#Solana #SOL #SolanaEcosystem #Crypto #BinanceSquare
In my previous post, I identified resistance at $105.69 and outlined a clear scenario: a breakout above this level, accompanied by an increase in trading volume, could confirm buyers' strength and pave the way for a new rise.
✅ And that's exactly what happened, by God's grace! The price broke through the resistance I had identified and then continued to rise, practically confirming the success of my technical analysis of this scenario.
📊 What's next?
The broken resistance has become potential support, right at the red line, where stop-loss orders may be placed or nearby.
🔹 Scenario one: A temporary break below support to sweep liquidity, followed by a rebound and continued rise if buyers return with strength.
🔹 Scenario two: Holding above support and continuing to rise immediately.
Thank God for the success. The idea was not to chase the price after it had risen, but to identify resistance in advance and wait for the breakout.
👀 We'll keep monitoring. The market offers no guarantees, and God knows best.
⚠️ This is a probabilistic technical analysis, not an investment recommendation.
#Solana #SOL #SolanaEcosystem #Crypto #BinanceSquare